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supporters and opponents of mohamed morsi are calling for mass demonstrations. nbc's jim maceda is high above cairo's tahrir square. jim, good evening. >> reporter: hi, kate. well, of course, tahrir square behind me was ground zero for egypt's 2011 uprising, but lately it's had a similar feel and the smell of tear gas is back in the air. clashes between morsi opponents and riot police raged through the night and into a second day. protesters turning tahrir square into a tent encampment and pledging to target the besieged president until he designs or rescinds the decrees which give him sweeping powers and put him above the law. the move has triggered riots across the country, injuring more than 300 egyptians. "if morsi does that, we'll be exactly like iran, said this protester. "he is making himself not just a dicer, he's making himself a god." he said he had to take action to take radical action to save egypt from hosni mubarak's regime. but egyptians like alid mahmoud, a field medic who lost his friend in the uprising feels cheated by morsi and the islamist. they got his vote, but he says t
protests because of their new leader and what he's done. president mohamed morsi, seen here with secretary of state hillary clinton, helping to broker that truce, but right after, a push from morsi for more power. many of the people of egypt said not so fast, and the protests are growing now. abc's matt gutman in the region again tonight for us. >> reporter: with massive protests, a cloud of tier gas, egypt is again in turmoil tonight. the violence, a reaction to egypt's first democratically elected leader, mohamed morsi, declaring all his presidential decisions are exempt from appeal or review by law makers or the courts. protesters torching a muslim brother office in alexandria and mohamed elle bar are detweeting, he appointed himself egypt's new f farrow. >> just months ago, morsi was obscure before being elected in may, shooting to international prominence this week by brokers the hamas/israel cease-fire. solidifying himself as a key u.s. al li. >> i want to thank president morsi for his personal leadership to deescalate the situation in gaza and end the violence. >> it put the united
with a deal. we have the details on that ahead. and the egyptian president morsi. wow. violent protests after he essentially made himself a dictator. today he said he is not backing down. so, where is he with the israel and palestinian thing? worried about your teen's driving habits? now you can hire an off-duty cop to spy on them. but is that legal? that is all ahead unless breaking news changes everything. this is "studio b." first from fox at 3:00 in new york city, you will be glad to know your congress is back from break and so begins another round of negotiations aimed at keeping the country from going off the so-called fiscal cliff. president obama expressing optimism they can come up with a deal to prevent automatic spending cuts and expiring tax breaks just into fox, the white house spokesman, jake carney, reports president obama spoke with the house speaker boehner and the senate majority leader harry reid over the weekend. still, concerns of the crisis and the european debt crisis sent stocks down but not precipitously but down. we are seeing signs of progress in washington, dc, wit
reminisce isn't a of what we saw last year. this battle is between supporters of president muhammad morsy. some are called morsy a dictator. >> the obama administration finds itself in an uncomfortable position. >> police fire department tear gas on thousands of protesters that hurled rocks at protesters in cairo. at least 100 people are in violent demonstrations in several cities. thousands of activists poured into the square. the same place where the arab spring uprising last year toppled morsy's predecessor. but this time they want morsy to go. more than half the voters elected him president months ago. the president is setting himself up as a god. he decreed that any decision or laws he makes cannot be appealed stopped or over turned until a new constitution in parliament are approved next spring. he told arally that his ruling will rule out weasels that are blocking democratic reform. it doesn't worry me i have opponents i have reserved rights for my brothers in the opposition so they can hold a revolution if they must. a far cry from a few days ago when the obama administration prai
in the middle east. riots breaking out in egypt after president morsi effectively declares himself a dictator. welcome to "america live", everyone. hope you had a nice thanksgiving. now back to the news. i'm megyn kelly. that press briefing, the very first before after the thanksgiving holidays. there is a lot to talk about. the middle east will be a hot topic. this is what it looked like over in cairo over the weekend while you were with your family probably not paying too much attention to the news. but, boy, things are unfolding there in a major way with thousands of angry demonstrators calling president morsi, the new pharaoh and raising questions about our relationship with what was once a critical ally in the region. steve harrigan streaming live from cairo where we've been watching the crowds get bigger and bigger in tahrir square. steve? >> reporter: megyn, it looks like president morsi is trying to give the appearance trying to find a way out of the situation, some sort of compromise from the firestorm he set off four days ago with a order basically says any decrease he issues are po
these protests. is it all over morsi granting himself these further powers? >> reporter: yes, alex, it is about that. he came out, by the way, a good hour ago to talk, to speechify about the presidential powers. that's about four or five miles away from what you're describing, which is at tahrir square, the famous tahrir square. morsi spoke to his supporters saying that he had to do this to break really what is a log jam in writing up a new constitution. he was saying much of the judiciary are very honorable people but there are five or six or seven bad eggs, if you will. these are remnants of the mubarak regime and they're constantly interfering with the process. meanwhile, the country is continuing to be mired in poverty, a lack of social justice and what have you. so he says to protect the revolution, to protect the principles of the revolution and to protect this country's forward movement towards democracy he needed to do this to keep the constitution and the writing of the constitution moving forward. >> now, jim, if he does this, it's been reported he says he will do this just as long as
brotherhood encourages protests. anti-morsi protesters taking over tahrir square. >> dave: and shredder, and police files used as confetti at the macy's day parade. how can it happen? is our security now at risk? >> illinois has the worst budget deficit in the nation and why is the state spending millions of taxpayer dollars on table for prisoners. >> and eco friendly zip lines, maybe they want them to watch "fox & friends" in prison, have you ever thought of that. >> dave: amen, there's some viewers, baby. >> clayton: "fox & friends" begins right now. ♪ . >> alisyn:. >> alisyn: good morning, everybody, thanks for joining us bright and early on this sunday morning, we have quite a show for you, including the ongoing debate that dave briggs launched yesterday about yoga pants and we invite you to weigh in this morning. >> clayton: you're still leading this fight and championing this fight. >> alisyn: he's made it a platform. >> dave: i may run for the white house based on yoga pants. there's both good and bad and we will delve into this later on and look, common ground. it's unlike pol
the president. mohamed morsi is accused of a massive power grab, slashing the authority of judges, barring courts from overturning his rulings. the secretary of state hillary clinton today told her egyptian counterpart that the united states does not want to see power concentrated in one set of hands. even as president morsi meets with egypt's highest judicial body which has blasted his actions. let's go live to cnn's reza sayah in cairo watching what's going on. lots of people in tahrir square. we have live pictures of that as well. i understand that morsi actually met today with some of these top judges? >> reporter: he did, wolf. a lot of people eager to see how president morsi responds to this political crisis if he would back down under mounting pressure, if he'd make some concessions. it seems forn now the answer is no. many viewed one of his decrees as essentially disabling the judiciary by banning anyone -- any authority, even the judiciary, from questioning, appealing any decisions he made since june. the question was going into this meeting, would he scale back on some of those d
years after the signs in cairo they look the same. mohamed morsi moves for absolute power sparking violent clashes in the streets between his supporters and opponents. but first, it is time to check stocks as would every 15 minutes, let's head to the floor of the new york stock exchange. nicole, the market is down and out on the fiscal cliff. i'm afraid. nicole: there's a lot going on on wall street. selling across the board, down 72-point at the lowest .12900, so about 40 points off of the earlier lows, however we are seeing selling from sector to sector with its banks or drugs or retail. the areas that have been pretty good our technology, semi conductors holding on, utilities giving it a go after selling off on concerns of the fiscal cliff of his utilities is a group that paid high dividends and that would be taxed heavily, however they are also viewed as a safe haven, that is why you see investments they are. after a winning week last week. the dow component mcdonald's downgraded today to neutral from a buy. mcdonald's selling off, and those are some of the top stories on wall
is holding up. >> live in jerusalem, interesting to see president morsi with a power grab on thursday as well. good morning to you, hope you had a good thanksgiving, leland . >> we did on the israel/gaza border and back in jerusalem monitoring the situation. the map of the middle east is changing as president morsi is grabbing more power and his international pres tig is going up after putting himself center stage for israel and hamas. not only prime minister netanyahu and president obama in the united states and secretary secretary clinton who praised him for becoming part of the deal. not everyone in egypt is happy with president morsi. including him grack the power and putting himself above the judiciary among other things is protest in egypt about that not only for the muslim brotherhood but also against him and the muslim brotherhood of the party and now president morsi came out against the treaties with israel and hamas and saying that they need tod continue the islamic jihad movement in order to liberate all occupied territors of israel. things are remarkably calm 41 hours in the cease
the egyptian president mohamed morsi and what they call a power grab. we'll take you live to tahrir square. ♪ ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. tintroducing a revolutionary. this it new mascara.r aleve. clump crusher...crusher. 200% more volume. zero clumps. new clump crusher from easy, breezy, beautiful covergirl. [ male announcer ] can a car be built around a state of mind? ♪ announcing the all-new 2013 malibu from chevrolet. ♪ with a remarkable new interior featuring the available chevrolet mylink infotainment system. this is where sophisticated styling begins. and where it ends? that's up to you. it's here -- the greatest malibu ever. ♪ anne's tablet called my phone. anne's tablet was chatting with a tablet in sydney... a desktop in zurich... and a telepresence room in brazil. the secure cloud helped us get some numbers from my assistant's pc in new york. and before i reached the top, the board meeting became a congrats we sold the company party. wait til my wife's
thank mr. morsi for his efforts in brokering a cease fire which is incredibly fragile but this is not acceptable and the united states of america taxpayers expect and our dollars will be directly related to the progress toward demaddress which you promised the people of egypt when your party and you were elected president. >> brian: joining us is the navy commander from the office of secretary of defense under george bush. he is jd gordon. is it up to the president to get more involved to tell morsi to stop with the absolute monarch thing. >> i think the president should stand up to the muslim brotherhood and say we will not send aid dollars to egypt. morsi put himself [pwao-fr] the courts and law. it is one dick traitorship replaced by another. we need to get tough on egypt. >> steve: when the arab spring first started people were optmistic and it is not turning out the way we hoped it would. >> no, in 2010 the survey poll in egypt found that 17 percent of the egyptians were favorable to the united states and 24 percent favorable to al-qaida and 60 percent to the isla
morsi. it is less than 24 hours old. there is deep mistrust. civilians on both sides hoping the agreement will bring a permanent end to the deadly air strikes and rocket fire. in gaza with the i have latest, eamon, good morning. >> reporter: good morning. for the first time in nine days the people of gaza were able to go about their business as usual in a place that usually is not very normal. so, for the first time they were able to wake up today after cease-fire declared last evening and shops and stores reopened people going back to their homes. throughout this conflict 9,000 or so palestinians were displaced from their homes. they took up shelters in u.n. schools. today for the first time able to go back, survey damage in some of the areas and try to get their lives back to normal. in gaza city, tens of thousands of supporters of hamas and other palestinian factions that have been fighting over the past nine days came out to the streets in what is described as a victory rally. the leaders of hamas came out thanked the palestinian people for the steadfast support. they ce
mohamed morsi played in actually trying to broker this makes all of the logic in the world that we should be trying to foster communication between all of the sides and not ignore one party over the other. >> diana, how challenging is it for hamas to put under its tent, under its umbrella, if you will, splinter groups, offshoots, factions that they necessarily don't have control over? is that where a lot of the problem lies? >> no. the problem largely lies in the fact that there have been competing strategies in terms of how to address israel's occupation. on the one hand abbas said we are only going to pursue negotiations and we've seen those have failed and other sides who have said that clearly the negotiations aren't working. clearly the negotiations have failed and, therefore, we have to pursue another strategy of defending ourselves. now in order for this to move forward, for us as palestinians to be able to move forward and to get this, to actually begin to hold israel accountable, there has to be a unified strategy and all palestinians have come forward and said that they want to
is a plus. gregg: are you surprised at how helpful the new islamist government of muhammad morsi really was in this process as a mediator standing up for the truce, probably pressuring hamas and, of course, their benefactor? are you surprised at what they did? yeah. i think it's a pleasant surprise. i mean, this is not the government we would have wanted in egypt post-mubarak because they are muslim brotherhood, and there's parts of the muslim brotherhood that is totally alien to us, the salafist movement which are radical islamists, but here he is openly sporting hamas, but at the same time brokering a deal. part of the motivation is the relationship with the united states, the aid that he receives from us on a regular basis -- gregg: 3.5 billion a year -- 1.5 billion a year. >> and i think a lot the criticism will be sub sued. gregg: money often talks in that part of the world. egypt claims it has intercepted and stopped truckloads of missile warheads headed for gaza. is that a single sl jewish tear gesture or the real deal? >> they probably have, but this is the toughest part of the
calling their new president a dictator. mohamed morsi issued an order that says the courts may not overturn any of his decisions until the country drafts a new constitution. this could give him unchecked power for months. morsi has already ordered retrials of officials in last year's crackdown on protesters. that could mean another crackdown for hosni mubarak. >>> in about four hours' time michelle obama will welcome a christmas tree to the white house. you're having a look at last year's tree there. this year's is a 19 foot frasier fir. it will arrive at about 11:00 a.m. eastern from ashe county, north carolina. and it will be displayed in the blue room. >>> it was a triple serving of nfl football on thanksgiving day. it started in detroit as always. the texans had a 34-31 victory overover-the-lions. a gaffe by lions' coach jim schwartz on this play right here. the texans running back appeared down. still ran for a touchdown. now the coach of the lions threw the challenge flag here. but, it was negated, a negated automatic review because he threw the flag and it may have tosse
violent protests in egypt since its new president came to power. the clashes sparked by mohamed morsi's move to grant himself sweeping powers. cbs reporter tara mergener tells us, at the same time, a shooting incident on the gaza- israel border has not caused a break in that fragile cease- fire. >> reporter: palestinians matched marched through the streets to bury a man shot on friday. he died when israeli troops opened fire on the gaza border. the israeli military says about 300 palestinians tried to breach the security fence at different points. so far, the incident hasn't compromised the two-day old cease-fire between israel and hamas. it was a common seen on gaza and egypt where two crossings are opened again. they closed when the fighting broke out. now palestinians can once again travel to egypt. egypt's president earned high praise from the u.s. for leading cease-fire negotiations. but now he is facing a backlash from his own people for trying to expand his powers. [ non-english language ] >> reporter: the egyptian president's spokesman announced on television that the presiden
and you can see quite -- have gathered and you can see quite a crowd out there after mohamed morsi -- president mohamed morsi planned on meeting with council and they plan a big protest tomorrow. >>> a factory fire killed at least 112 people. angry workers blocked a major highway. the fire that broke out trapped the workers inside and at least 12 people died after jumping from the building to escape the flames. >>> massachusetts investigators know what caused the massive explosion that destroyed 42 buildings. the state fire marshall said a utility worker punctured a high pressure line and the exposure was then ignite by a spark. they followed sidewalk markings to a gas leak but the markings were wrong. 21 people were injured. >>> the search is ended for a 16-year-old boy. it happened at big lagoon. the teen and his parents went out into the water trying to save their dog. both parents drowned and they were pronounced dead at the scene. the coast guard has called off the search for the teenage boy and the dog by the way survived. >>> and gun violence, shot and killed after 24 hours
east. but i think that it's remarkable, alex, really, to see the kind of praise that president morsi is receiving. even in those defiant speeches that ayman was referring to, hamas leaders, islamic jihad leaders, benjamin netanyahu's comments last night, secretary clinton's comments last night, president obama's praise, everybody has good things to say about morsi, who has now emerged not only as a can-do politician, but a power broker in the region. for instance, when the truce deal needed to be closed and clinton came to cairo, she spent hours with morsi and with his foreign minister, mohammed kamul, finding the compromise that israel and hamas could live with. mainly stop the hostilities today and negotiate the other demands later. alex? >> jim, thank you very much for that live report from cairo with the latest on the brokering of the truce. joining me now, former u.s. ambassador to the u.n. for special affairs, stewart is a special assistant to the president and is currently president and ceo of the nonpartisan meridian international center in washington. welcome, stewart, thank
was immiment to the political crisis over president morsi's decision to grant himself sweeping pours, a move that's touched days of street violence. president morsi says the move is temporary and he plans to meet with the country's supreme judicial council. supporters and opponents of the president are planning big protests tomorrow. >>> 7:15. united states supreme court gets involved in the historic gay marriage debate this week. ktvu's alison burns in our washington, d.c. newsroom with the cases now facing the court. alison? >> reporter: dave, the justices will meet behind closed doors to decide whether to take up any of the cases related to same-sex marriage this week. now, tops among those cases, of course, california's proposition 8, the 2008 voter- approved ban on same-sex marriage. if the court decides not to take up a challenge to proposition 8, that means gay and lesbian couples would legally be able to legally marry in california right away. the justices are also considering whether to take up challenges to the federal law that defines marriages between a man and a woman. legal ana
supporters and opponents o of president morsi. a teenager was killed and dozens more were injured in damanor yesterday when they stormed local offices in muslim brotherhood. he decided to make him immune to oversight including the courts. >> to assume this kind of power is unacceptable to the united states of america. >>> many other u.s. lawmakers agree even though they appreciate morsi's help in the cease fire. he was elected back in june after the oust of mu bar ekg. >>> people d -- mumbarek. >>> chris moore plans to retire at the end of january. tonight's community meeting is set for 8:00 at the community center. it's the first of four meetings set over the next couple of week. >>> a san francisco couples challenge of the marriage ban. justices will decide whether to hear an appeal from the defenders of prop 8. that's the controversial california initiative banning gay marriage. it is set to meet this week to decide which cases it will hear. >>> it is 5:11. we have a lot more to come, including this, she e -- she went swimming with sea lions, so why did she land behind bars. >>> party goe
cease fire in the middle east. now president mohammed morsi has a powerful decree. >> all decisions the president has made since taking office in june and until a new constitution are adopted are not subject to appeal in court or any other authority. >> as we told you there are critics to what we just did. they're saying the president is quickly moving towards becoming a dictator. >>> threatening comments to assassinate president obama led to one florida police detectives resignation. sam kovisto reportedly told his colleagues colleagues if an order came down to kill the president, he wouldn't mind being the guy. he said his comments have been blown out of proportion but he had planned to retire in five months anyway. >>> lobbyists are reaching out to lawmakers to protect their interests in the fiscal cliff negotiations. advocates, ask for the defense are fighting spending cuts and companies that make medical devices are trying to stop new taxes from going into effect on their products due to the new health care law. a package of tax increases and spending cuts known as the fiscal c
. after a decree by egyptian president mohamed morsi that put his decisions above legal challenge. protesters accusing him of a coup. all eyes of course on egypt, as well as israel and gaza where the cease-fire is still in place. oil prices also saw additional port on the news out of europe, optimism over greece today. west texas intermediate closing above $88 a barrel, up 1% in this short rned session. brent risie ining as well but slightly less than that. >>> nonetheless, energy prices apparently are about to get lower. our next guest is talking 70s on crude for next year. john, why are you so bearish on oil for next year? >> a couple of things. global economy doesn't look all that great for next year particularly in europe. they have a lot to get together, the greece situation. we're also now -- >> it's going to get worse than it is this year. >> yeah. iea, opec itself all looking for demand declines next year in terms of growth. also, two things that bedevilled the brent market this year, troubles out of the north sea, constantly having problems with production. once that come
-fire deal brokered largely over the phone. president obama and the president of egypt, mohamed morsi, apparently making a real connection to stop the carnage. i want to begin our coverage here of the very fragile truce with arwa damon live with us this morning in gaza city. arwa, i think i hear horns honking. is the celebration there continuing where you are? >> reporter: it is. although the crowds have tapered off a little bit. but it is pretty incredible when you look at the street down below us and compare it to what the situation was like 24 hours ago, when you would hardly see a single person outside and most of the shops were shut. you can see very close to where people were gathering, celebrating what they're calling a victory. just one of the many locations that were bombed during this most recent conflict. that was, in fact, a residential home. the israelis, when they struck it later on, saying that they believe that it was being used by a senior hamas commander as an intelligence operations center. but people, ever since the cease-fire was announced, were taking to the stre
-fire deal brokered largely by president obama and mohamed morsi, apparently making a real connection to stop the carnage. we'll have our coverage of the cease-fire with arwa damon, who's live this morning for us in gaza. and arwa, we see the flags flying, the honking, the streets lined with cars. is it still the same situation right now? >> reporter: it most certainly is. we can give you an idea of what the street below us looks like, as masses of people following thursday midday prayers here are gathering in front of one of the government buildings. we've been hearing the speeches, listening to the messages coming from the loud speakers as well. people very much declaring this a victory, although this is a city and a population that most certainly has paid an incredibly heavy price. just to give you an idea, next to where the crowds are gathering down this main road in gaza city are the remains of what was once a residential home that was attacked a few days ago. we were here when that strike took place. it was massive. it shook the entire neighborhood. and so whilst on the one hand people
president mohammed morsi stood by his decision to essentially give himself complete control over egypt. he says it's only temporary. you may recall last week he issued several decrees. including an order that all decisions he makes are final. and one that states no legislature and no court can overturny law that he makes. if that sounds like a dictatorship to you, it does to these people, too. they are pro-democracy protesters who have responded to days of clashes that have led to one death and hundreds of injuries. all of this less than two years after a popular uprising ousted hosni mubarak. the white house has not spoken with the ejimtion counter part since his power grab but they are keeping a close eye on the situation. >> we have raised concerns. i think the state department put out a statement on this or new one addressed it in a briefing. i think the state department might have more information for you on, you know, specifically how we have communicated those concerns. but, you know, our interest is in the process, the transition towards democracy. >> shepard: also today secretary
who gets more credit here. i think he pressured both egyptian morsi and israeli netanyahu to come to this deal. because i think he was afraid that the conflict would expand and that is where netanyahu gets political advantage. he has to recognize militarily it is fot a good out come for israel and he doesn't believe it will last. but he will say to president obama, when you wanted a cease fire i agreed to it that gives him chips visa vito the president down the road. and egypt stopping the smuggling of arm to hamas. happy thanksgiving to you, sir. >> coming up next, top economic turkeys of the year. lauren is on deck from the box business net work. companies that made the list. >> plus if you could pick anyone to sit at your thank tharching table, who would you choose? america spoke and the dream dinner guest revealed and it is not me. top of the hour. is it better to be the early bird...or the earliest bird? on black friday, it doesn't matter, as long as we end up here at 5 a.m., or at homedepot.com, starting thursday. where prices have been cut, chopped, and sanded... on the mos
morsi. he says the courts cannot overrule his decisions, but protesters who helped overthrow the old regime led by mubarak warn egypt's new government hasn't chaingsd. >> this is a new era of dictatorship in egypt. this is not what the revolution was about. the revolution was about stripping the president from all of these unquestioned rights. >> morsi supporters say the move is temporary until a new constitution is implemented in a few months. they call it a necessary move to defeat holdovers from the mubarak regime. but opponents are now calling him a dictator. >>> iran is accusing the u.s. of trying to stir up trouble in the persian gulf. in letters to the u.n. secretary general and the security council, tehran claims american ships are carrying out, quote, illegal and provocative acts in the gulf and the sea of oman, ignoring radio warnings and flown into iran air space. so far, the white house has not commented about these allegations. >>> if congress and president obama do not avoid the so-called fiscal cliff, california's slowly recovering economy could slow even more. state a
that the president morsi rescind -- announcing they're going to go on strike halting work until the decree is revoked. we're live in cairo with the later. high, ayman. >> hi, carl. the people are still demanding that the president morsi rescind his decree. also added to the list of growing demands, they want to see egypt's body that'sing tasked with writing a new constitution be mea reflect erv of egypt's diversity, and that it's not a that it doesn't reflect only the islamic party's perspecti perspective. there's some calls by the protesters to dissolved the current body and mike sure the new body is more diverse. other issues are lingers from the revolutionary days. president morsist says he has to takes the action action becausitis egypt's judiciary that's stalling the it's shaping out -- caught in the midding are supporters every both sides, the liberal and secular state say it's on the wrong side, but the president and supporters say he has the pourer, authority and justification to take these measures. >>> as we look at some of the pictures ayman, thank you. >>> we're being blown around by some
because morsi hails from the brotherhood, a political cousin to hamas. we are joined from cairo. how are egyptians feeling about this cease-fire this morning? >> reporter: well, if you're the leadership of the muslim brotherhood in cairo you're patting yourself on the back today because they really came out looking very favorably in the international community throughout this process. this is a big test for egypt's government led now but the muslim brotherhood. a talk show host had a lot of concern. would this be a movement that would take up arms? would this be a movement that would give material support for hamas. it turns out that those fears, the way things stand right now turned out to be groundless. it looks like this is a government that's approached this very even handedly to keep their peace treaty and their economic alliances with washington and western capitals. in the end it doesn't look like this is a government that wanted to be seen as radical in the community. >>> back at home u.s. ambassador susan rice is speaking out about those talking points that she delivered on
and will meet with israeli prime minister benjamin netanyahu and egyptian president mohammad morsi later on today, a continuing effort to end the violence after more than a week of quieting. here is the price of oil right now. i believe we're around $87 a barrel. 87.42, up 67 cents, that's where we are. we call this on "varney & company," we call it a renewed push for action due to climate change. now, the u.n. is joining in the dire warnings. coming up new at 10. find out exactly what the united nations plans to do about it. can anybody say carbon tax? yeah, you can. back to nicole, today, what have we got. best buy a loser? why? >> well, yesterday we talked about their numbers. they were a loser yesterday about their same-store sales for yet another quarter. nine of the last ten quarters have shown decline. today, well, let's see, one analyst downgraded best buy. how about deutche bank? yep, how about bernstein. >> yep, jeffers, you get the point. and while they're doing well with mobile phones, appliances, tablet computers and e-readers, no on notebooks, gaming products. they're missi
, the men being credited with brokering the cease-fire is mohammed morsi. he received phone calls thanking him for his effort in the leadership. the question is whether or not they can begin to address some of the core issues of this conflict that keeps leading to cycle after cycle of violence. willie? >> we'll see how long it holds. thank you. >>> and now we're going to take a big turn and come back home. the 86th annual macy's thanksgiving day parade begins less than two hours from now, and matt and savannah are hosting, they're in herald square with your preview. good morning, guys. >> happy thanksgiving. obviously there are major stories making news all around the world, but here in herald square and on 34th street, at least for the next several hours, it's all about the holiday, fantasy, and just having a good time. >> this is something that we'll definitely -- so many people watch this and make this part of their thanksgiving day tradition. and there's a lot to look forward to. 16 giant new balloons and new characters, hello kitty, papa smurf and elf on the shelf. >> the actors from
a cease-fire. between israel and hamas. mohamed morsi has unilaterally granted himself broad new powers, declaring courts can no longer challenge his decisions. it effectively takes the teeth out of a judicial system that opposed him. it also sets the stage for the retrial of former president hosni mubarak. >> that didn't take long. >>> thanksgiving day marked a somber anniversary in american history that the world will never forget. 49 years ago, that president john f. kennedy was assassinated. gunned down as his motorcade drove through downtown dallas. despite the holiday, dozens of people gathered in jfk's honor in the spot where he was shot. a major commemoration will be held for the next year's 50th anniversary. >>> can you feel the heat? with the jackpot hovering at around $325 million, bucks, powerball fever, spreading like wildfire out there. gamblers across the country are hoping for an early christmas present when the numbers are drawn tomorrow night. a winner opting for a lump sum cash payout can count on taking home $212 million. now, the downside, the odds of winning this t
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